Costamare (CMRE) Expected to Announce Earnings on Tuesday

Posted by Francis Steltz on Oct 27th, 2026

Costamare (NYSE:CMRE – Get Free Report) is anticipated to release its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect Costamare to post earnings of $0.66 per share and revenue of $209.12 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 8:30 AM ET.

Costamare (NYSE:CMRE – Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The shipping company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.05. Costamare had a return on equity of 15.11% and a net margin of 39.66%. The company had revenue of $196.24 million for the quarter, compared to the consensus estimate of $193.16 million. On average, analysts expect Costamare to post $2.53 EPS for the current fiscal year and $2.35 EPS for the next fiscal year.

Costamare Stock Down 0.7%

Shares of NYSE CMRE opened at $13.93 on Tuesday. The firm has a fifty day simple moving average of $14.97 and a two-hundred day simple moving average of $15.88. Costamare has a 12 month low of $11.45 and a 12 month high of $18.06. The company has a current ratio of 1.61, a quick ratio of 1.57 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $1.68 billion, a PE ratio of 5.29 and a beta of 1.07.

Costamare Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Tuesday, October 20th will be given a dividend of $0.1250 per share. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $0.50 annualized dividend and a yield of 3.6%. Costamare’s dividend payout ratio (DPR) is currently 19.01%.

Analyst Ratings Changes

CMRE has been the subject of several research reports. Zacks Research upgraded shares of Costamare to a “hold” rating in a research note on Tuesday, October 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Costamare in a research note on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $12.00.

Get Our Latest Research Report on CMRE

Insider Activity

In related news, CFO Grigorios Zikos sold 59,840 shares of Costamare stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $15.34, for a total value of $917,945.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 23.20% of the stock is currently owned by insiders.

About Costamare

(Get Free Report)

Costamare Inc (NYSE: CMRE) is a global shipping company that owns and operates vessels used to transport containerized cargo and dry bulk commodities. Its containerships carry manufactured goods, consumer products and other cargo moved in standardized shipping containers, while its dry bulk vessels transport commodities such as grain, minerals and other bulk materials.

The company primarily generates revenue by chartering its vessels to international liner companies and other shipping customers under a range of charter arrangements.